LoanBee is a product of Weza Ventures ; a company incorporated in Kenya
In registration you will get a form requesting for: Your National ID information. This includes your names, ID number, ID date of issue and age We may require device information: this includes make of device and the operating system. We will request for your Phone number, email and phone-book contacts. we will collect Phone activity such as call logs, SMS log and GPS reading. We will collect Information from third parties such as your CRB rating and counter checking your ID information.
This Information will be used in building the credit scores for the provision of loans.
The data we collect is used in creating credit scoring models to determine how much loan can be offered to you. In the event such data is to be used for marketing we will notify you to get your consent.
The personal Data that we collect is stored on our servers which may be located outside Kenya and may also be processed by staff operating outside Kenya. We implement and maintain the highest levels of security to protect any information stored on our servers and to comply with all local rules. It is your responsibility to keep your password secure. You should also be aware that the transmission of information via the Internet is not completely secure. Although we will do our best to protect your Personal Data, we cannot guarantee the security of Personal Data transmitted to our site outside our control. We strive to collect no more Personal Data than is required. This helps reduce the total risk of harm should data loss or a breach in security occur.